The modern income tax was passed 100 years ago
on a simple premise — it would apply only to the top one-half of 1 percent of
the population and it would be easy to fill out — just one page.
The income tax would raise revenue
necessary to provide for the common defense and operate the government. Most
Americans would vote for that proposal now. No one would vote for the tax
system we currently have.
So tax reform talk is in the air
and it’s time to hold on to your wallet. Whenever the discussion turns to
taxes, it’s always, Tax someone else — they have more. The American tax code is
a mess — something both parties actually agree on. The question is, “What can
we do about it?”
Click here
for the original column in Deseret News.